Question: Consider the data set of appraised house values given in DS 12.2.4. Compute the analysis of variance table and calculate the coefficient of determination R2.

Consider the data set of appraised house values given in DS 12.2.4. Compute the analysis of variance table and calculate the coefficient of determination R2. Check that the F-statistic is the square of the F-statistic for testing H0: β1 = 0, calculated earlier. What does the value of the coefficient of determination tell you about the way that houses are appraised?

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